ICL Fincorp announces NCD issue opening on 10th August 2026 offering up to 12.25% effective yield
Upholding a 35-year tradition of fiscal reliability, ICL Fincorp proudly presents its latest public offering of Secured Redeemable Non-Convertible Debentures (NCDs), commencing on 10th August 2026. Providing an effective yield of up to 12.25%, this instrument is meticulously structured for discerning investors seeking stability and security combined with flexible tenures.
Following the exceptional reception of our preceding NCD offerings, we express our profound appreciation for the unwavering trust placed in us by our investors. This relationship remains the cornerstone of our commitment to crafting stable, sophisticated financial solutions.
The NCD issue will remain open until 21st August 2026 and is rated CRISIL BBB-/STABLE. Each NCD carries a face value of ₹1,000. The issue offers 10 schemes (10 ISINs), with tenures of 13, 24, 36, 60, and 72 months, with monthly, annual, and cumulative payout options, with interest rates ranging from 10.00% to 12.25%. The minimum application size is ₹10,000, (10NCDs) & in multiples of 1 NCD thereafter.
The proceeds from this offering will be deployed strategically to support ICL Fincorp’s growth initiatives and to enhance the quality of services we provide to all stakeholders across the nation. This action reaffirms our commitment to delivering reliable, innovative, and customer-centric financial solutions.
With a prestigious 35-year legacy, ICL Fincorp stands as a pillar of trust under the stewardship of Adv. K.G. Anilkumar, Chairman & Managing Director. Our institutional footprint extends across thirteen states: Kerala, Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Maharashtra, Odisha, Gujarat, West Bengal, Goa, Delhi, Rajasthan and Bihar, rapidly scaling toward a pan-India presence. Furthermore, our subsidiary, Salem Erode Investments-a BSE-listed non-banking financial company (NBFC) augments our operational strength.
Beyond core services like Gold Loans, Hire Purchase Loans, and Business Loans, the ICL Group has also expanded successfully into travel, fashion, and diagnostics.
As we present this new NCD issue, we warmly invite you to join us to create financial growth, security, and long-term value. To know more: visit nearest ICL Fincorp branch. To download application, visit www.iclfincorp.com For enquiries: call +91 85890 20137 or +91 85890 20186.